Cement News tagged: International
Senator calls for boycott of CRH
Building firm CRH has criticised Irish Senator Terry Leyden for comments he made in the Seanad calling for shareholders to withdraw their investment in the company due to its involvement in the constr
Cementos del Caribe to hold merger meeting with shareholders
Colombian cement company Cementos del Caribe has called a July 29 meeting for stockholders to approve its merger with seven other cement companies, according to local news reports.
Tokyo Cement invest heavily on the Company’s Infrastructure
One of the leading cement manufacturing, importing and distribution companies in Sri Lanka - Tokyo Cement Company (Lanka) Ltd has recorded a consolidated turnover of Rs 6bn for the year 2004/05, an ap
Poland’s cement and clinker production falls YoY
Polish cement companies produced 49.39Mt of cement and 36.36Mt of clinker in the first half of 2005, a fall from first half of 2004, an SPC report released on July 13 stated. The total sales of cemen
Nuh Cimento to raise annual exports to $100m
Turkish cement and clinker producer Nuh Cimento will increase its annual exports to between $85m and $100m from the current $30m, following the launch of its third clinker production line in Hereke, n
Akmenes Cementas H1
Akmenes Cementas, Lithuania’s only producer of cement, earned 2.7 per cent more income in the first six months of this year than it did the year ago - 47.2m litas (EUR 13.6m). In June, the comp
Rinker points to US growth and price hikes
Shares of Rinker Group Ltd., Australia’s largest building materials maker, had their biggest gain in a year after the company said first-quarter profit surged and increased its US earnings forec
China’s output of cement in May 2005
China produced 92,856,100t of cement in May 2005. The output in January-May reached 359,218,100t, up 6.1 per cent year on year, according to the National Bureau of Statistics. In April the country pr
New cement company for Saudi Arabia
Saudi Arabia’s Ministry of Trade and Industry has approved the establishment of a 550 mln Saudi riyal (US$146.7m) cement company, it was reported on July 12, 2005. The company is called Medina
Peru’s June cement sales rise
Peru’s overall cement sales in June rose 7.1 per cent to 385,900t from the 360,311t sold in the same month a year before, as the economy continued to expand, the National Association of Cement P
Industry misinformed about Mexican cement antidumping
Joe Dorn, a Washington-based attorney representing the Southern Tier Cement Committee accuses Mexicans of double standards: "The bottom line is, Cemex cannot have it both ways," "The Mexican cement gi
Holcim Shutdown ’No Threat to Supply’
The planned shutdown of a cement production line by Holcim South Africa, at the end of the year was unlikely to affect supply in Gauteng, the group said yesterday. The disclosure by Holcim follows a
ACC sells refractory units
As part of its strategic plan to exit non-cement businesses, ACC on Wednesday reached an agreement with ICICI Venture Funds to sell off its refractory business in what is possibly the largest 100 per
Bank signs with Pioneer Cement
A Memorandum of Understanding (MoU) was signed between the Bank of Punjab (BoP) and Pioneer Cement Limited, Pakistan, under which the bank would act as the company’s main banker and handle its c
James Hardie explain Chile exit
The Australian firm James Hardie’s surprising departure from the Chilean fibre-cement sector - it has sold its assets to Compania Industrial El Volcan - linked to the Matte family - can be expla
Ghacem keeps on giving
The Ghacem Cement Foundation yesterday presented to 29 beneficiaries 30,000 bags of Portland cement worth C1.3 billion for the first half of the year. Addressing the beneficiaries, the Managing Direct